Vacancy Details
Vacancy Title
Junior Trader
Department
Trading
Date Published
Jan 25, 2012
Closing Date
Feb 8, 2012
Vacancy Description
JOB SUMMARY
The primary function and responsibility of the Trading Department is to act on behalf of clients to buy and sell physical commodities (including Crude Oil, PMS, AGO, DPK and Jet A1, Bitumen, LPFO, Base Oils, Chemicals and other specialty products). Traders are also responsible for managing risk through the use of various hedging strategies including derivatives (futures and options) that are based on those physical commodities. In addition, the team sources comprehensive market research (both supply and demand) that provides the Company with required information for developing short- and long-term strategic marketing plans covering origination, marketing and to some extent, wholesale product delivery to clients.
QUALIFICATIONS & EXPERIENCE
1st degree in Engineering, Finance, Investment Management, Business Administration, Economics or other related degree
0 - 2 years work experience within a reputable and structured organisation (financial institution, energy trading company etc.).
Exposure to commodities trading activities is an advantage.
KNOWLEDGE & SKILLS REQUIRED
Basic understanding of Oil & Gas Industry Dynamics & World Markets
Basic understanding of Energy Trading Markets
Basic Commodities Trading (Oil & Gas Products)
Basic Physical Products Trading
Basic Finance
Strong analytics
Networking & Relationship Management
Negotiation
Business Performance Monitoring and
Initiative & a Keen/Acute Sense of Judgment, Decisiveness and Self-Discipline
Creativity & Innovation
Political Savvy
Teamplaying
Oral & Written Communication
to apply click here: http://www.oando-cvmanager.com/caree...ncydetails/127
